Mount Yale Investment Advisors LLC Has $474,000 Stake in iShares TIPS Bond ETF (NYSEARCA:TIP)

Mount Yale Investment Advisors LLC lowered its stake in shares of iShares TIPS Bond ETF (NYSEARCA:TIP) by 36.4% during the third quarter, HoldingsChannel reports. The institutional investor owned 4,290 shares of the exchange traded fund’s stock after selling 2,455 shares during the quarter. Mount Yale Investment Advisors LLC’s holdings in iShares TIPS Bond ETF were worth $474,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Aviance Capital Partners LLC lifted its holdings in shares of iShares TIPS Bond ETF by 2.1% during the 1st quarter. Aviance Capital Partners LLC now owns 9,073 shares of the exchange traded fund’s stock worth $975,000 after acquiring an additional 185 shares during the period. Leonard Rickey Investment Advisors P.L.L.C. bought a new stake in iShares TIPS Bond ETF during the first quarter worth $211,000. Woodmont Investment Counsel LLC bought a new position in shares of iShares TIPS Bond ETF in the 1st quarter valued at $49,000. Quattro Financial Advisors LLC increased its stake in shares of iShares TIPS Bond ETF by 7,628.0% in the 1st quarter. Quattro Financial Advisors LLC now owns 8,269 shares of the exchange traded fund’s stock valued at $888,000 after purchasing an additional 8,162 shares during the last quarter. Finally, DMC Group LLC raised its holdings in shares of iShares TIPS Bond ETF by 1.6% during the 1st quarter. DMC Group LLC now owns 18,718 shares of the exchange traded fund’s stock worth $2,010,000 after buying an additional 301 shares in the last quarter.

iShares TIPS Bond ETF Stock Down 0.3 %

NYSEARCA:TIP opened at $108.27 on Monday. iShares TIPS Bond ETF has a twelve month low of $102.46 and a twelve month high of $111.06. The stock’s 50-day simple moving average is $109.62 and its 200 day simple moving average is $107.79. The firm has a market capitalization of $18.78 billion, a PE ratio of 11.86 and a beta of 0.09.

About iShares TIPS Bond ETF

iShares TIPS Bond ETF (the Fund), formerly iShares Barclays Treasury Inflation Protected Securities Bond Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the Barclays U.S. Treasury Inflation Protected Securities (TIPS) Index (Series-L) (the Index).